David Tepper
Appaloosa LP
David Tepper (Appaloosa LP) discloses a $7.47B portfolio across 25 US-listed positions in the latest 13F filing (2026Q2, filed Aug 14, 2026). The largest holding is AMZN at 15.9% of the book. The biggest move of the quarter: trimmed the MU share count by 41% (position now $1.13B). Mechanically cloning this 13F returned 17.1%/yr over the past 10.2 years, versus 15.2%/yr for the S&P 500 across that identical 10.2-year window.
Holdings (25) · click any column to sort
| #↑ | Ticker | Issuer | % Port. | This Q | History | Value |
|---|---|---|---|---|---|---|
| 1 | AMZN | 15.9% | $1.19B | |||
| 2 | MU | 15.1% | $1.13B | |||
| 3 | TSM | 10.5% | $788M | |||
| 4 | GOOG | 8.7% | $654M | |||
| 5 | UBER | 7.4% | $555M | |||
| 6 | EWY | 6.6% | $490M | |||
| 7 | META | 5.1% | $380M | |||
| 8 | VST | 4.7% | $351M | |||
| 9 | NVDA | 4.1% | $305M | |||
| 10 | NRG | 3.4% | $257M | |||
| 11 | BABA | 2.6% | $192M | |||
| 12 | BA | 2.3% | $173M | |||
| 13 | LRCX | 2.2% | $166M | |||
| 14 | BIDU | 2.0% | $148M | |||
| 15 | AAL | 1.8% | $136M | |||
| 16 | AMD | 1.5% | $115M | |||
| 17 | CRWV | 1.4% | $107M | |||
| 18 | ASML | 1.3% | $99M | |||
| 19 | AVGO | 0.8% | $57M | |||
| 20 | QCOM | 0.6% | $46M | |||
| 21 | SPCX | 0.5% | $38M | |||
| 22 | ET | 0.4% | $30M | |||
| 23 | MPLX | 0.4% | $28M | |||
| 24 | WHR | 0.4% | $28M | |||
| 25 | GT | 0.1% | $10M |
- 1AMZNport15.9%val$1.19BAmazon.com Incthis Q hold·30q
- 2MUport15.1%val$1.13BMicron Technology Incthis Q -41%·36q
- 3TSMport10.5%val$788MTaiwan Semiconductor-sp Adrthis Q +24%·13q
- 4GOOGport8.7%val$654MAlphabet Inc-cl Cthis Q hold·40q
- 5UBERport7.4%val$555MUber Technologies Incthis Q +22%·21q
- 6EWYport6.6%val$490MIshares Msci South Korea Etfthis Q hold·8q
- 7METAport5.1%val$380MMeta Platforms Inc-class Athis Q +55%·40q
- 8VSTport4.7%val$351MVistra Corpthis Q hold·18q
- 9NVDAport4.1%val$305MNvidia Corpthis Q hold·15q
- 10NRGport3.4%val$257MNrg Energy Incthis Q hold·15q
- 11BABAport2.6%val$192MAlibaba Group Holding-sp Adrthis Q -42%·33q
- 12BAport2.3%val$173MBoeing Co/thethis Q New·4q
- 13LRCXport2.2%val$166MLam Research Corpthis Q hold·7q
- 14BIDUport2.0%val$148MBaidu Inc - Spon Adrthis Q +87%·14q
- 15AALport1.8%val$136MAmerican Airlines Group Incthis Q New·4q
- 16AMDport1.5%val$115MAdvanced Micro Devicesthis Q hold·11q
- 17CRWVport1.4%val$107MCoreweave Inc-cl Athis Q New·—1q
- 18ASMLport1.3%val$99MAsml Hldg NVthis Q hold·13q
- 19AVGOport0.8%val$57MBroadcom Incthis Q New·7q
- 20QCOMport0.6%val$46MQualcomm Incthis Q -50%·21q
- 21SPCXport0.5%val$38MSpace Exploration Techn-cl Athis Q New·—1q
- 22ETport0.4%val$30MEnergy Transfer LPthis Q hold·37q
- 23MPLXport0.4%val$28MMplx LPthis Q hold·23q
- 24WHRport0.4%val$28MWhirlpool Corpthis Q -63%·11q
- 25GTport0.1%val$10MGoodyear Tire & Rubber COthis Q New·16q
2026Q2 moves, by size (26)(expand ↓)
| Ticker | Issuer | Move | % Port. | Δ Shares | Value |
|---|---|---|---|---|---|
| MU | Micron Technology Inc | TRIM | 15.1% | -41% | $1.13B |
| TSM | Taiwan Semiconductor-sp Adr | ADD | 10.5% | +24% | $788M |
| UBER | Uber Technologies Inc | ADD | 7.4% | +22% | $555M |
| BABA | Alibaba Group Holding-sp Adr | TRIM | 2.6% | -42% | $192M |
| META | Meta Platforms Inc-class A | ADD | 5.1% | +55% | $380M |
| SNDK | Sandisk Corp | EXIT | 3.0% | -100% | $0 |
| GLW | Corning Inc | EXIT | 2.6% | -100% | $0 |
| BA | Boeing Co/the | NEW | 2.3% | +100% | $173M |
| BIDU | Baidu Inc - Spon Adr | ADD | 2.0% | +87% | $148M |
| AAL | American Airlines Group Inc | NEW | 1.8% | +100% | $136M |
| WHR | Whirlpool Corp | TRIM | 0.4% | -63% | $28M |
| PDD | Pdd Holdings Inc | EXIT | 1.6% | -100% | $0 |
| CRWV | Coreweave Inc-cl A | NEW | 1.4% | +100% | $107M |
| LHX | L3harris Technologies Inc | EXIT | 1.2% | -100% | $0 |
| RTX | Rtx Corp | EXIT | 1.1% | -100% | $0 |
| QCOM | Qualcomm Inc | TRIM | 0.6% | -50% | $46M |
| BALL | Ball Corp | EXIT | 0.8% | -100% | $0 |
| AVGO | Broadcom Inc | NEW | 0.8% | +100% | $57M |
| JD | Jd.com Inc-adr | EXIT | 0.7% | -100% | $0 |
| LYFT | Lyft Inc-a | EXIT | 0.6% | -100% | $0 |
| MSFT | Microsoft Corp | EXIT | 0.6% | -100% | $0 |
| KWEB | Kranesh Csi China Internet | EXIT | 0.5% | -100% | $0 |
| SPCX | Space Exploration Techn-cl A | NEW | 0.5% | +100% | $38M |
| UNH | Unitedhealth Group Inc | EXIT | 0.4% | -100% | $0 |
| GT | Goodyear Tire & Rubber CO | NEW | 0.1% | +100% | $10M |
| DB | Deutsche BK AG | EXIT | 0.1% | -100% | $0 |
- TRIMMU15.1%Micron Technology IncΔ -41%·$1.13B
- ADDTSM10.5%Taiwan Semiconductor-sp AdrΔ +24%·$788M
- ADDUBER7.4%Uber Technologies IncΔ +22%·$555M
- TRIMBABA2.6%Alibaba Group Holding-sp AdrΔ -42%·$192M
- ADDMETA5.1%Meta Platforms Inc-class AΔ +55%·$380M
- EXITSNDK3.0%Sandisk CorpΔ -100%·$0
- EXITGLW2.6%Corning IncΔ -100%·$0
- NEWBA2.3%Boeing Co/theΔ +100%·$173M
- ADDBIDU2.0%Baidu Inc - Spon AdrΔ +87%·$148M
- NEWAAL1.8%American Airlines Group IncΔ +100%·$136M
- TRIMWHR0.4%Whirlpool CorpΔ -63%·$28M
- EXITPDD1.6%Pdd Holdings IncΔ -100%·$0
- NEWCRWV1.4%Coreweave Inc-cl AΔ +100%·$107M
- EXITLHX1.2%L3harris Technologies IncΔ -100%·$0
- EXITRTX1.1%Rtx CorpΔ -100%·$0
- TRIMQCOM0.6%Qualcomm IncΔ -50%·$46M
- EXITBALL0.8%Ball CorpΔ -100%·$0
- NEWAVGO0.8%Broadcom IncΔ +100%·$57M
- EXITJD0.7%Jd.com Inc-adrΔ -100%·$0
- EXITLYFT0.6%Lyft Inc-aΔ -100%·$0
- EXITMSFT0.6%Microsoft CorpΔ -100%·$0
- EXITKWEB0.5%Kranesh Csi China InternetΔ -100%·$0
- NEWSPCX0.5%Space Exploration Techn-cl AΔ +100%·$38M
- EXITUNH0.4%Unitedhealth Group IncΔ -100%·$0
- NEWGT0.1%Goodyear Tire & Rubber COΔ +100%·$10M
- EXITDB0.1%Deutsche BK AGΔ -100%·$0
About David Tepper
David Tepper founded Appaloosa Management in 1993 after leaving Goldman Sachs, where he ran the high-yield desk, and built his reputation on distressed-debt trades that required conviction at moments of maximum institutional panic — most notably large positions in the bank debt and equity of Ford and Marconi during the early-2000s distress cycle, and a celebrated long in U.S. bank preferred stocks in early 2009 that proved enormously profitable as the government signaled it would not let the major banks fail. Appaloosa's 13F reflects a concentrated, roughly 30-position equity book — top-five names currently account for nearly half the disclosed long equity portfolio — but the fund operates as a global macro-influenced hedge fund, meaning credit positions, non-U.S. equity, and short exposure sit entirely outside what the filing captures. The latticework clone has outpaced SPY by roughly 2.3% annualized over the past decade, a reasonable signal that the long-equity sleeve carries genuine alpha, though readers should weight the filing accordingly: what's disclosed is a partial view of a substantially more complex book.
2026Q2 brief
2026Q2 activity: 6 new positions (top: BA, AAL, CRWV); 4 conviction adds (top: TSM, UBER, META); 12 exits (top: SNDK, GLW, PDD). Top 5 holdings: AMZN, MU, TSM, GOOG, UBER (58% of portfolio).
AI-generated. Not investment advice.
Filing history
David Tepper's disclosed 13F portfolio value and position count by quarter — the trajectory across every SEC filing.
| Quarter | Positions | Portfolio value |
|---|---|---|
| Q2 2026 — what changed → | 27 | $7.73B |
| Q1 2026 — what changed → | 31 | $5.93B |
| Q4 2025 — what changed → | 39 | $6.93B |
| Q3 2025 — what changed → | 45 | $7.38B |
| Q2 2025 — what changed → | 38 | $6.45B |
| Q1 2025 — what changed → | 38 | $8.38B |
| Q4 2024 holdings | 37 | $6.46B |
| Q3 2024 holdings | 38 | $6.73B |
| Q2 2024 holdings | 37 | $6.18B |
| Q1 2024 holdings | 39 | $6.75B |
| Q4 2023 holdings | 40 | $5.79B |
| Q3 2023 holdings | 32 | $5.07B |
Values as disclosed at each quarter end. Older filings on EDGAR.
Multibaggers David Tepper held
Stocks up 5x or more since David Tepper first held them at conviction size — the holding record behind the returns. Longest unbroken run and largest book weight are shown for each.
- NVDA488xNVIDIA CORP13q straight · peak 8.8% · still holds
- AMD130xADVANCED MICRO DEVICES7q straight · peak 5.24% · still holds
- MU39.9xMICRON TECHNOLOGY INC23q straight · peak 28.62% · still holds
- AMAT30.6xAPPLIED MATERIALS INC1q straight · peak 0.9%
- TSM27.7xTAIWAN SEMICONDUCTOR-SP ADR12q straight · peak 7.56% · still holds
- TSLA22.5xTESLA INC2q straight · peak 1.68%
Six biggest of 31. Price multiple since the first quarter we observed a conviction holding (2014Q1 at the earliest), not David Tepper's realized return — entry price and trades between filings aren't disclosed. Peak weight is share of disclosed US 13F book. All 129 multibaggers the cohort held →
Frequently asked questions
- What stocks does David Tepper own?
- As of 2026Q2, David Tepper's 13F discloses 25 positions worth $7.47B. The top five holdings: AMZN (15.9%), MU (15.1%), TSM (10.5%), GOOG (8.7%), UBER (7.4%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.
- What did David Tepper buy this quarter?
- In 2026Q2, the filing shows 6 new positions and 4 additions to existing holdings. The largest positions touched by buying: TSM, UBER, META, BA, BIDU.
- How big is David Tepper's portfolio?
- $7.47B across 25 positions per the latest 13F (filed Aug 14, 2026). The top five holdings account for 58% of the disclosed book.
Similar portfolios
Explore more
Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0001656456). Not investment advice.